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1  Bitcoin / Bitcoin Discussion / Re: 10 Reasons Why Bitcoin Is Strong Today And Will Continue To Grow on: December 18, 2019, 02:40:47 PM
1. Bitcoin introduced blockchain technology for the rest of the world to utilize.
And the blockchain technology is easily used with other coins.
2. Bitcoin itself is a protocol that will continually evolve.
So will other coins
3. Acceptance (Bitcoin is only 10 years old!)
No one uses it for day to day activities, their is no Acceptance yet.
4. Much of the developed world where payment systems that enable instantaneous person-to-person payment are not available, would love to adopt Bitcoin.
Paypal is more convenient and more stable
5. Volatility will minimize as the public at large becomes less sensitive to everything the media spews out and as more users adopt it.
Hope does not make it true.
6. As larger corporations start offering Bitcoin as a payment alternative, smaller companies waiting in the shadows will jump on the bandwagon.
Not going to happen, Bitcoin price verses fiat too volatile.
7. The market capitalization of Bitcoin indicates that the currency is now too big to collapse (and is backed by the trust of its users).
(Again Hope does not make it true, it can go to $zero.)
8. The buying process of Bitcoin will be made much simpler than it is at present by exchanges, corporations, and developers.
maybe, maybe not
9. Bitcoin will be featured regularly in the remittance world and by travelers and travel agencies alike.
Doubtful due to money laundering regulations.
10. Bitcoin is universal and globally recognized as a store of value.
People that purchased from $20k down to $8K, would disagree with that statement.


My Replies in BlueSmiley

Totally agree, we need 10 years more at least
2  Bitcoin / Bitcoin Discussion / Re: Venezuela & The Bitcoin on: December 18, 2019, 02:21:03 PM
Every year inflation in Venezuela increases more than 10,000%, so a record in bolivar trading volumes is irrelevant. They're trying to use USD, and a trading volume in USD would be more relevant
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